Extremely good article about automated marketmaking in houses, a la @Opendoor : https://medium.com/@byrnehobart/the-ibuyers-high-er-frequency-trading-comes-to-home-buying-f34c80718976 …
I think this model is extremely likely to win, based on an existence proof in a few markets with >1% share of home sales plus the experience of the equities market.
-
-
Liquidity providers (market makers, HFTs, etc) can not only agree on a price with any buyer or seller, they can agree with it on every equity listed on a public exchange, not just every second but every arbitrarily small subunit of a second.
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Yes: to the extent you structurally limit liquidity, it will be less common and cost much more.
End of conversation
New conversation -
-
This Tweet is unavailable.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.